What's a good AI prompt for creating a client onboarding checklist for a new account

The Prompt

Create an onboarding checklist for a new [account type — e.g., brokerage, advisory, business] client.

Required steps: [KYC/identity verification, risk-tolerance questionnaire, document collection, funding, initial review meeting]
Format as a checklist with owner (client vs. advisor/firm) for each step and a rough timeline.

Why This Prompt Works

A clear, owner-tagged checklist reduces the number of onboarding steps that stall waiting on an unclear “who does this next” — separating client-owned steps (documents, funding) from firm-owned steps (KYC processing, account setup) gives both sides a shared view of what’s actually blocking progress at any point.

How to Customize It

Insert your firm’s actual required KYC/compliance steps and typical timelines — these vary by account type and institution and directly affect what the checklist should say. For a business account, add an entity-verification step up front, since that documentation gathering is usually the slowest part of the whole process and benefits from starting early.

Common Mistakes to Avoid

Don’t omit the risk-tolerance questionnaire step or treat it as optional — it’s foundational to suitability obligations for most advisory relationships, not just a formality. Also avoid a checklist so granular it reads as bureaucratic; group closely related sub-steps under one owner-tagged line so the client sees a manageable handful of milestones, not a long form.

Bottom Line

An onboarding checklist earns its usefulness from clear ownership tagging on every step — clients and advisors both know what’s blocking progress at a glance.